Nexam Chemical, a Nasdaq First North-listed company that invents, develops, produces, and sells additives to the plastics industry worldwide, has received approval for the use of its revolutionary product, NEXAMITE, in bottles and food packaging in the Japanese market. This approval comes from Kadotodku Corporation, the Japanese partner, which received the approval of the “Food Contact Material Safety Center.”
A Cost-Effective and Time-Saving Alternative
The Japanese market has mostly relied on a time-consuming process called Solid State Polycondensation (SSP) to upgrade and restore recycled PET-plastic in bottles. However, after this approval, a cost-effective and time-saving alternative is available, which can help the industry to achieve the same effect in a significantly shorter time, saving both money and energy.
“The approval opens up many new opportunities for us. With our approved additive, you can achieve the same effect but in a significantly shorter time, which saves both money and energy. Kadotodku has already initiated discussions with several bottle producers and recyclers in Japan,” says Johan Arvidsson, Nexam Chemical’s CEO.
New Opportunities for Nexam Chemical
This approval means that Nexam Chemical can expand its reach in the Japanese market and explore new opportunities to sell its product. The approval is a significant milestone for Nexam Chemical, as it will allow the company to make a significant contribution to the sustainability of the plastics industry.
Positive Environmental Impact
By offering a cost-effective and time-saving alternative to the SSP process, NEXAMITE has the potential to significantly reduce the environmental impact of the plastics industry. This product will enable more plastic to be recycled, which will help to reduce the amount of plastic waste that ends up in landfills and oceans.
Nexam Chemical’s approval for the use of its revolutionary product, NEXAMITE, in bottles and food packaging in the Japanese market is a significant milestone for the company. The product’s cost-effectiveness and time-saving capabilities have the potential to positively impact the plastics industry’s sustainability and reduce environmental impact.